New Zealand employee confidence falls in third quarter: survey

Published Sun, Sep 27, 2015 · 11:13 PM

[WELLINGTON] New Zealand employee confidence fell to its lowest level in three years in the third quarter as people grew increasingly worried about the state of the labour market, a survey showed on Monday.

The Westpac-McDermott Miller employee confidence index fell to 99.3 in the September quarter from 102.8 in the previous quarter.

A reading above 100 indicates more optimists than pessimists.

A softening in economic growth, a falling New Zealand dollar, low wage growth and inflation were all seen weighing on sentiment.

Recent surveys have shown business and consumer confidence waning.

REUTERS

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes

International

When US diplomats visit China, meal choices are about more than taste buds
China’s first-quarter industrial profits rise at slower pace
Laid-back vibe, stunning beaches, rich cuisine and low cost of living lure more expat retirees to Malaysia
Vietnam tycoon appeals against US$27 billion fraud death sentence
US announces new restrictions on firearm exports
Central banks will probably only cut half as much as they hiked

International

International

New Zealand employee confidence falls in third quarter: survey

International

When US diplomats visit China, meal choices are about more than taste buds

China’s first-quarter industrial profits rise at slower pace

Laid-back vibe, stunning beaches, rich cuisine and low cost of living lure more expat retirees to Malaysia

Vietnam tycoon appeals against US$27 billion fraud death sentence

US announces new restrictions on firearm exports

Central banks will probably only cut half as much as they hiked

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

SECTIONS

LIFESTYLE

Follow BT